USA Compression Announces Pricing of Public Offering of Common Units

December 08, 2016 08:12 PM Eastern Standard Time

AUSTIN, Texas--(BUSINESS WIRE)--USA Compression Partners, LP (NYSE: USAC) (the “Partnership”), announced
today the pricing of an underwritten public offering of 4,500,000 common
units representing limited partner interests in the Partnership (“common
units”) at a public offering price of $16.25 per common unit. The
underwriters have been granted a 30-day option to purchase up to an
additional 675,000 common units from the Partnership at the public
offering price less the underwriting discount. The offering is scheduled
to close on December 14, 2016, subject to customary closing conditions.

The Partnership intends to use the net proceeds from the offering, after
discounts, commissions and offering expenses, to reduce indebtedness
outstanding under its revolving credit facility and for general
partnership purposes.

The offering of these securities is being made only by means of the
prospectus supplement and accompanying base prospectus as filed with the
Securities and Exchange Commission (the “SEC”). Copies of the prospectus
supplement and accompanying base prospectus relating to the offering may
be obtained free of charge on the SEC’s website at www.sec.gov
under the Partnership’s name or from the underwriters of the offering as
follows:

This press release does not constitute an offer to sell or a
solicitation of an offer to buy the securities described above, nor
shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such state or
jurisdiction. The offer is being made only through the prospectus as
supplemented, which is part of an effective registration statement on
Form S-3 previously filed by the Partnership with the SEC.

ABOUT USA COMPRESSION PARTNERS, LP

USA Compression Partners, LP is a growth-oriented Delaware limited
partnership that is one of the nation’s largest independent providers of
compression services in terms of total compression fleet horsepower. The
Partnership partners with a broad customer base composed of producers,
processors, gatherers and transporters of natural gas and crude oil. The
Partnership focuses on providing compression services to infrastructure
applications primarily in high volume gathering systems, processing
facilities and transportation applications.

FORWARD-LOOKING STATEMENTS

Statements in this press release may be forward-looking statements as
defined under federal law, including those related to the Partnership’s
potential securities offering. These forward-looking statements rely on
a number of assumptions concerning future events and are subject to a
number of uncertainties and factors, many of which are outside the
control of the Partnership, and a variety of risks that could cause
results to differ materially from those expected by management of the
Partnership. The Partnership undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results over time. You are cautioned not to place undue reliance on any
forward-looking statements, which speak only as of the date of this
press release. Known material factors that could cause the Partnership’s
actual results to differ materially from the results contemplated by
such forward-looking statements are described in the prospectus as
supplemented, which is a part of the Registration Statement, Part I,
Item 1A (“Risk Factors”) of the Partnership’s Annual Report on Form 10-K
for the fiscal year ended December 31, 2015, which was filed with the
Securities and Exchange Commission on February 11, 2016, and Part II,
Item 1A (“Risk Factors”) of the Partnership’s Quarterly Report on Form
10-Q for the quarter ended June 30, 2016, which was filed with the
Securities and Exchange Commission on August 4, 2016. You should also
understand that it is not possible to predict or identify all such
factors and you should not consider these factors to be a complete
statement of all potential risks and uncertainties.